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Petitioners cite a March 2024 agreement to justify lower Brooksville land values; appraiser urges caution
Summary
Petitioners presented an agreement of purchase and sale (APS) and nearby sales to contest assessments on two Brooksville parcels; the APS had a March 2024 execution but closed after the lien date, and the property appraiser said a post-lien closing may warrant careful scrutiny. The magistrate will review the evidence.
Petitioners and the county squared off over two adjacent vacant parcels in Brooksville during afternoon hearings on Jan. 22.
The petitioner (Brooksville Associates, through counsel) presented an Agreement of Purchase and Sale initially executed in March 2024 and correspondence showing a contract sale price (the APS and settlement documents in the record reflected a sale price reported near $1,295,000; petitioner’s convert-to-value example produced about $1,100,007.50 after adjustments). The petitioner argued the APS and a set of nearby…
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